3356-1-05. Auxiliary agencies

(A) As recommended by the president and approved by the board, certain university operations whose income includes substantial amounts of other than imposed fees or appropriated revenue, shall be designated as auxiliary services. For budgeting purposes, an auxiliary service is a fiscal entity. The president shall cause to be prepared and submitted to the board, at or before its first regular meeting after September first of each year, an annual report including an itemization of income and expenditures and a resume of the operation for the year.

(B) Except for those auxiliary activity accounts otherwise restricted, there may be a transfer of balances among them or to other university purposes as directed by the president with the approval of the finance and facilities committee.

(C) The rental policies of the university as approved by the board also apply to all auxiliary activity facilities.

Replaces: 3356:1-5-01

Effective: 8/16/2010
Promulgated Under: 111.15
Statutory Authority: 3356
Rule Amplifies: 3356
Prior Effective Dates: Prior to 11/4/77, 10/10/97, 6/16/03